Meta renews its 367,000 sq ft office lease in Hyderabad’s Hitech City for five years, reinforcing its commitment to India. With ₹170 crore in total outlay, this move highlights Hyderabad’s growing appeal for global corporations amid rising demand for premium office spaces in India’s thriving commercial real estate market.

Meta has reaffirmed its presence in Hyderabad by renewing its lease for 367,000 sq ft of office space at The Skyview, a premium commercial complex in Hitech City. The lease, extended for five years through two agreements, underscores Meta’s commitment to maintaining operations in one of India’s top IT hubs. Monthly rentals for the space exceed ₹2.8 crore, bringing the total outlay for the term to over ₹170 crore. The agreement includes a 15% rent escalation in January 2026 and a six-month security deposit amounting to ₹16.8 crore.

The renewed lease highlights Meta’s reliance on Hyderabad as a key operational hub supporting its workforce and technological initiatives in India. The city’s robust IT ecosystem and infrastructure have made it an attractive destination for multinational corporations seeking long-term office solutions.

Hyderabad’s Strength in Commercial Realty

Hyderabad continues to strengthen its position as a leading commercial real estate market in India. The city has consistently attracted global corporations, thanks to its skilled talent pool, infrastructure, and cost-effective real estate options. Meta’s decision comes amid a surge in demand for prime office spaces, as companies prioritize securing long-term leases in thriving business hubs.

“Meta’s lease renewal signals strong confidence in Hyderabad’s capabilities to support global operations,” according to real estate analytics firm Propstack. The Skyview, jointly developed by RMZ and My Home Group, is among the city’s most sought-after commercial complexes, providing state-of-the-art amenities to occupiers.

Multinationals Driving Lease Renewals

Meta’s move aligns with a broader trend of multinational corporations securing prime real estate in India. For example, Nvidia recently renewed its lease for over 375,000 sq ft in Pune’s Yerwada for ten years. Similarly, CA Technologies extended its lease for 108,000 sq ft in Pune’s Eon Free Zone for five years. These renewals demonstrate the resilience of India’s commercial real estate sector, which is witnessing robust demand despite global economic uncertainties.

The adoption of hybrid work models and positive economic growth indicators have further fueled the need for high-quality office spaces. Multinational companies are increasingly focusing on India to support their expanding global operations, leveraging the country’s cost advantages and talent availability.

India’s Growing Role in Global Commercial Realty

India’s commercial real estate market has emerged as a preferred destination for global corporations. Lease renewals and new agreements in major cities like Hyderabad, Bengaluru, and Pune reflect growing confidence in the country’s long-term potential. With its thriving IT ecosystem, Hyderabad is at the forefront of this growth, offering opportunities for companies to scale their operations seamlessly.

The decision by Meta and other multinationals to renew significant leases underscores the pivotal role of Indian cities in the global commercial real estate landscape. As the sector evolves, companies continue to prioritize prime office spaces that support innovation, collaboration, and long-term growth.